Data Bridge Market research has a newly released expansive study titled “Global Apixaban Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and succeeding in the market. A complete overview of the industry has been presented via this Intercom Devices report which considers various aspects of product definition, market segmentation, and the existing retailer landscape.
The market is projected to observe major growth during the forecast period. Apixaban is generally indicated to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation. The recommended dose of Eliquis is 5mg orally twice a day. Apixaban is available in the market in both capsule and tablet form. The development of advanced anticoagulants increases the demand and provides numerous options to patients and healthcare professionals.
Data Bridge Market Research analyses a growth rate in the global apixaban market in the forecast period 2023-2030. The expected CAGR of the global apixaban market tends to be around 5.70% in the mentioned forecast period. The market was valued at USD 1,765.8 million in 2022 and would grow to USD 2,908.17 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Apixaban is an FDA-approved anticoagulant which is used for the treatment of venous thromboembolic events that forms inside a vein. Venous thromboembolic events (VTE) can occur without any typical symptoms or warning signs. The common symptoms associated with either deep vein thrombosis (DVT) or either pulmonary embolism (PE) are chest pain, pain in the calf, redness or noticeable discoloration spots, swelling in the ankle or foot, and others.
Fundamental Aim of this Market Report
Opportunities
There has been an increasing development in the research end front, creating many opportunities for market growth. For instance, the ARISTOTLE trial showed that apixaban is superior to warfarin in decreasing stroke and systemic embolism in patients with atrial fibrillation. Pfizer collaborated with Bristol-Myers Squibb to develop and commercialize apixaban; the alliance strengthens both companies to expand potential in cardiovascular drug development and commercialization.
The apixaban is the third non-vitamin K antagonist oral anticoagulant used for clinical practice. The regular dose of apixaban is highly effective in decreasing thromboembolic events compared to warfarin. In December 2019, the US FDA approved the first generics of apixaban tablets, and FDA’s generic drug program enables access to cost-effective and high-quality drugs
Restraints/Challenges
Several adverse effects of apixaban, such as the increased risk of thrombotic events after premature discontinuation and bleeding, are projected to hamper this drug’s usage. This, in turn, is estimated to adversely affect the market’s growth.
To treat conditions that are rare, several times, all treatments are not available, particularly in underdeveloped countries. Severe patients need to be treated with advanced techniques, but these are sometimes unavailable in hospitals and clinics. Thus, it hampers market growth.
This global apixaban market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global apixaban market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Key players operating in the global apixaban market include:
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Apixaban Market Scope
Dosage Form
End-Users
Distribution Channel
Key highlights of this Market report:
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